Ajmera Realty & Infra India (ARIIL) has entered into a Share Purchase Agreement (SPA) with Keystone Realtors (KRL) to divest 50% equity shareholding in Ajmera Luxe Realty (ALRPL), a wholly owned subsidiary of ARIIL. Therefore, upon completion of the aforesaid transaction in terms of the SPA, ALRPL would cease to be a wholly owned subsidiary of the ARIIL.
Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
| View more.. | |
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